Sharecafe

Morning Report: ASX set for a lower start

US sharemarkets were mixed on Monday. Climbing bond yields and prospects for rising inflation triggered valuation concerns, weighing on growth technology stocks. The Dow Jones index rose by 27 points or 0.1%. But the S&P 500 index fell by 0.8%.

US sharemarkets were mixed on Monday. Climbing bond yields and prospects for rising inflation triggered valuation concerns, weighing on growth technology stocks. The Dow Jones index rose by 27 points or 0.1%. But the S&P 500 index fell by 0.8%.

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